The RBI on Tuesday lifted the ban on FIIs buying into the citybased Yes Bank following a fall in shareholding by them in the private lender. The restrictions placed on the purchase of shares of the company is withdrawn with immediate effect under the portfolio investment scheme.

The Indian rupee breached the 61 mark and touched a record low of 61.20 a dollar, down by 97 paise compared to Friday's closing of 60.22 per dollar. Fears of US Fed tapering off quantitative easing (QE3) earlier on strong jobs data has put pressure on all currencies against the dollar.